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Independent Bank Corporation

$37.07 +$4.88 (+15.16%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$37.15
Day Range
$36.73$37.57
Year Range
$29.83$39.24
Market Cap
763.87M
AVG Volume
178.53K
Trailing/Forward PE
10.65/9.55
PEG ratio
1.22
Dividend Yield
2.97%
Next Earnings Date
2026-10-27
Primary Exchange
NASDAQUS
Revenue (USD)
0100M200M300M400M2016201720182019202020212022202320242025
IBCP Revenue (USD) by year
PeriodRevenue (USD)
2025309.83M
2024316.47M
2023283.71M
2022224.02M
2021207.3M
2020214.32M
2019190.62M
2018170.46M
2017137.64M
2016124.25M
Net Income (USD)
020M40M60M80M2016201720182019202020212022202320242025
IBCP Net Income (USD) by year
PeriodNet Income (USD)
202568.54M
202466.79M
202359.07M
202263.35M
202162.9M
202056.15M
201946.44M
201839.84M
201720.48M
201622.77M
Operating Income (USD)
025M50M75M100M2016201720182019202020212022202320242025
IBCP Operating Income (USD) by year
PeriodOperating Income (USD)
202581.29M
202483.05M
202373.68M
202277.79M
202177.31M
202069.48M
201957.76M
201849.13M
201738.44M
201632.9M
EBITDA (USD)
025M50M75M100M2016201720182019202020212022202320242025
IBCP EBITDA (USD) by year
PeriodEBITDA (USD)
202591.2M
202493.05M
202383.69M
202288.61M
202189.44M
202078.64M
201963.82M
201855.17M
201745.4M
201638.12M
Cash Flows (USD)
050M100M150M2016201720182019202020212022202320242025
IBCP Cash Flows (USD) by year
PeriodCash Flows (USD)
202570.17M
202455.2M
202369.56M
202287.39M
2021104.32M
202053.79M
201929.04M
201841.06M
201734.78M
201620.29M
EPS (USD)
012342016201720182019202020212022202320242025
IBCP EPS (USD) by year
PeriodEPS (USD)
20253.28
20243.16
20232.79
20222.97
20212.87
20202.54
20192.01
20181.68
20170.95
20161.06
Expenses (USD)
050M100M150MSG&ACapex2016201720182019202020212022202320242025
IBCP Expenses (USD) by year
PeriodExpenses (USD)
202599.71M
2024100.02M
202390.16M
202284.02M
2021103.02M
202094.72M
201987.42M
201880.29M
201772.47M
201667.04M
Cash & Debt (USD)
0500M1B1.5B2BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
IBCP Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025161.6M
2024145.27M
2023849.13M
2022853.72M
20211.52B
20201.19B
2019584.05M
2018498.76M
2017580.4M
2016699.4M
Debt ratios
-6-4-2020182019202020212022202320242025
IBCP Debt ratios by year
PeriodDebt ratios
2025-0.13
2024-0.06
2023-2.11
2022-1.96
2021-4.92
2020-4.45
2019-2.25
2018-2.51
Margins
0%25%50%75%100%2016201720182019202020212022202320242025
IBCP Margins by year
PeriodMargins
202569.13%
202466.93%
202368.28%
202288.67%
202196.16%
202086.64%
201985.71%
201888.86%
201792.5%
201695.52%
Return on Capital
0%5%10%15%20%2016201720182019202020212022202320242025
IBCP Return on Capital by year
PeriodReturn on Capital
202513.63%
202414.69%
202314.6%
202218.23%
202115.78%
202014.42%
201913.26%
201811.75%
20177.73%
20169.14%
Shares Outstanding
010M20M30M2016201720182019202020212022202320242025
IBCP Shares Outstanding by year
PeriodShares Outstanding
202520.64M
202420.89M
202320.84M
202221.07M
202121.26M
202021.87M
201922.48M
201823.99M
201721.33M
201621.25M
Dividends (USD)
00.511.52017201820192020202120222023202420252026
IBCP Dividends (USD) by year
PeriodDividends (USD)
20260.84
20251.04
20240.96
20230.92
20220.88
20210.84
20200.8
20190.72
20180.6
20170.42
Employee Count
02505007501K2016201720182019202020212022202320242025
IBCP Employee Count by year
PeriodEmployee Count
2025735
2024732
2023741
2022803
2021866
2020854
2019848
2018830
2017756
2016737
Book Value Per Share (USD)
01020302016201720182019202020212022202320242025
IBCP Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202524.37
202421.76
202319.41
202216.5
202118.75
202017.81
201915.58
201814.13
201712.42
201611.72
Total Assets (USD)
02B4B6B2016201720182019202020212022202320242025
IBCP Total Assets (USD) by year
PeriodTotal Assets (USD)
20255.51B
20245.34B
20235.26B
20225B
20214.7B
20204.2B
20193.56B
20183.35B
20172.79B
20162.55B
PE Ratio
8101214med 10.32Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IBCP PE Ratio by year
PeriodPE Ratio
Sep 2610.64
Sep 2610.73
Aug 2610.58
Aug 2610.66
Aug 2611
Aug 2610.92
Jul 2611.26
Jul 2611.1
Jul 2610.73
Jul 2610.57
Jul 2610.62
Jun 2610.68
Jun 2610.11
Jun 2610.45
Jun 2610.19
May 2610.11
May 269.99
May 269.64
May 2610.17
May 2610.12
Apr 2610.07
Apr 2610.48
Apr 2610.44
Apr 2610.12
Mar 269.76
Mar 269.63
Mar 2610.02
Mar 2610.31
Feb 2610.51
Feb 2611.18
Feb 2611.08
Feb 2611.07
Jan 2610.63
Jan 2610.5
Jan 2610.24
Jan 269.99
Jan 269.74
Dec 2510.02
Dec 2510.32
Dec 2510.55
Dec 2510.13
Nov 259.88
Nov 259.52
Nov 259.4
Nov 259.28
Oct 259.69
Oct 2510.34
Oct 2510
Oct 259.75
Oct 259.89
Sep 2510.11
Sep 2510.05
Sep 2510.17
Sep 2510.52
Aug 2510.54
Aug 2510.52
Aug 259.89
Aug 259.76
Aug 259.49
Jul 2510.24
Jul 2510.77
Jul 2510.64
Jul 2510.91
Jun 2510.29
Jun 259.59
Jun 259.64
Jun 259.91
May 259.95
May 259.92
May 2510.23
May 259.98
May 259.85
Apr 259.71
Apr 259.42
Apr 258.92
Apr 258.78
Mar 259.65
Mar 259.72
Mar 259.67
Mar 259.89
Feb 2511.44
Feb 2511.27
Feb 2511.82
Feb 2512.2
Jan 2512.25
Jan 2511.98
Jan 2511.59
Jan 2511.03
Jan 2511.62
Dec 2411.68
Dec 2411.83
Dec 2412.78
Dec 2412.8
Nov 2412.67
Nov 2412.96
Nov 2412.7
Nov 2412.58
Nov 2410.45
Oct 2410.35
Oct 2410.84
Free Cash Flow Yield
2.5%5%7.5%10%12.5%med 9.63%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IBCP Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 264.55%
Sep 264.51%
Aug 264.57%
Aug 264.54%
Aug 264.4%
Aug 264.43%
Jul 263.29%
Jul 263.33%
Jul 263.45%
Jul 263.5%
Jul 263.48%
Jun 263.46%
Jun 263.66%
Jun 263.54%
Jun 263.63%
May 263.66%
May 263.7%
May 263.84%
May 263.64%
May 2610.12%
Apr 2610.17%
Apr 269.77%
Apr 269.81%
Apr 2610.12%
Mar 2610.49%
Mar 2610.63%
Mar 2610.22%
Mar 269.93%
Feb 2610.59%
Feb 269.95%
Feb 2610.04%
Feb 2610.05%
Jan 2610.47%
Jan 2610.6%
Jan 2610.87%
Jan 2611.14%
Jan 2611.43%
Dec 2511.11%
Dec 2510.78%
Dec 2510.55%
Dec 2510.98%
Nov 2511.27%
Nov 2511.7%
Nov 2511.84%
Nov 2512%
Oct 2512.01%
Oct 2511.25%
Oct 2511.64%
Oct 2511.94%
Oct 2511.76%
Sep 2511.52%
Sep 2511.58%
Sep 2511.44%
Sep 2511.06%
Aug 2511.04%
Aug 2511.07%
Aug 2511.77%
Aug 2511.92%
Aug 2510.41%
Jul 259.65%
Jul 259.18%
Jul 259.29%
Jul 259.06%
Jun 259.61%
Jun 2510.31%
Jun 2510.25%
Jun 259.97%
May 259.94%
May 259.97%
May 259.66%
May 259.9%
May 258.39%
Apr 258.51%
Apr 258.77%
Apr 259.26%
Apr 259.41%
Mar 258.56%
Mar 258.51%
Mar 258.55%
Mar 258.35%
Feb 258.19%
Feb 258.31%
Feb 257.92%
Feb 257.68%
Jan 257.64%
Jan 257.81%
Jan 258.08%
Jan 258.49%
Jan 258.06%
Dec 248.02%
Dec 247.92%
Dec 247.33%
Dec 247.32%
Nov 247.39%
Nov 247.23%
Nov 247.37%
Nov 247.44%
Nov 249.7%
Oct 249.79%
Oct 249.35%
Price to Sales
1.822.22.42.62.8med 2.24Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IBCP Price to Sales by year
PeriodPrice to Sales
Sep 262.42
Sep 262.44
Aug 262.4
Aug 262.42
Aug 262.5
Aug 262.48
Jul 262.54
Jul 262.5
Jul 262.42
Jul 262.38
Jul 262.39
Jun 262.41
Jun 262.28
Jun 262.36
Jun 262.3
May 262.28
May 262.25
May 262.17
May 262.29
May 262.24
Apr 262.23
Apr 262.32
Apr 262.31
Apr 262.24
Mar 262.16
Mar 262.13
Mar 262.22
Mar 262.28
Feb 262.28
Feb 262.43
Feb 262.41
Feb 262.41
Jan 262.31
Jan 262.28
Jan 262.23
Jan 262.17
Jan 262.12
Dec 252.18
Dec 252.24
Dec 252.29
Dec 252.2
Nov 252.15
Nov 252.07
Nov 252.04
Nov 252.02
Oct 252.01
Oct 252.15
Oct 252.08
Oct 252.02
Oct 252.06
Sep 252.1
Sep 252.09
Sep 252.11
Sep 252.19
Aug 252.19
Aug 252.18
Aug 252.05
Aug 252.03
Aug 252
Jul 252.16
Jul 252.27
Jul 252.24
Jul 252.3
Jun 252.17
Jun 252.02
Jun 252.03
Jun 252.09
May 252.1
May 252.09
May 252.16
May 252.1
May 252.08
Apr 252.05
Apr 251.99
Apr 251.88
Apr 251.85
Mar 252.04
Mar 252.05
Mar 252.04
Mar 252.09
Feb 252.33
Feb 252.3
Feb 252.41
Feb 252.48
Jan 252.5
Jan 252.44
Jan 252.36
Jan 252.25
Jan 252.37
Dec 242.38
Dec 242.41
Dec 242.6
Dec 242.61
Nov 242.58
Nov 242.64
Nov 242.59
Nov 242.56
Nov 242.25
Oct 242.23
Oct 242.34
EV/EBITDA
02.557.510med 4.02Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IBCP EV/EBITDA by year
PeriodEV/EBITDA
Sep 263.95
Sep 264.02
Aug 263.9
Aug 263.96
Aug 264.22
Aug 264.16
Jul 268.79
Jul 268.67
Jul 268.39
Jul 268.27
Jul 268.31
Jun 268.35
Jun 267.92
Jun 268.18
Jun 267.98
May 267.93
May 267.83
May 267.57
May 267.97
May 267.12
Apr 267.08
Apr 267.38
Apr 267.36
Apr 267.12
Mar 266.84
Mar 266.75
Mar 267.04
Mar 267.26
Feb 263.93
Feb 264.42
Feb 264.35
Feb 264.34
Jan 264.02
Jan 263.92
Jan 263.74
Jan 263.55
Jan 263.37
Dec 253.57
Dec 253.79
Dec 253.96
Dec 253.66
Nov 253.47
Nov 253.21
Nov 253.12
Nov 253.03
Oct 255.27
Oct 255.74
Oct 255.5
Oct 255.32
Oct 255.42
Sep 255.57
Sep 255.53
Sep 255.62
Sep 255.87
Aug 255.89
Aug 255.87
Aug 255.42
Aug 255.32
Aug 251.05
Jul 251.59
Jul 251.97
Jul 251.88
Jul 252.07
Jun 251.62
Jun 251.12
Jun 251.16
Jun 251.35
May 251.38
May 251.36
May 251.58
May 251.4
May 256.85
Apr 256.75
Apr 256.54
Apr 256.18
Apr 256.08
Mar 256.71
Mar 256.75
Mar 256.72
Mar 256.88
Feb 250.89
Feb 250.78
Feb 251.16
Feb 251.43
Jan 251.47
Jan 251.28
Jan 251
Jan 250.6
Jan 251.02
Dec 241.06
Dec 241.17
Dec 241.84
Dec 241.85
Nov 241.76
Nov 241.96
Nov 241.78
Nov 241.7
Nov 240.12
Oct 240.04
Oct 240.39
Price/Operating Cashflow
510152025med 9.4Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IBCP Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2620.2
Sep 2620.36
Aug 2620.09
Aug 2620.23
Aug 2620.88
Aug 2620.72
Jul 2621.95
Jul 2621.64
Jul 2620.92
Jul 2620.62
Jul 2620.71
Jun 2620.82
Jun 2619.71
Jun 2620.39
Jun 2619.87
May 2619.72
May 2619.48
May 2618.8
May 2619.84
May 269.05
Apr 269
Apr 269.37
Apr 269.33
Apr 269.05
Mar 268.73
Mar 268.61
Mar 268.96
Mar 269.22
Feb 268.44
Feb 268.98
Feb 268.9
Feb 268.89
Jan 268.54
Jan 268.43
Jan 268.22
Jan 268.02
Jan 267.82
Dec 258.04
Dec 258.29
Dec 258.47
Dec 258.14
Nov 257.93
Nov 257.64
Nov 257.55
Nov 257.45
Oct 257.44
Oct 257.95
Oct 257.68
Oct 257.49
Oct 257.6
Sep 257.77
Sep 257.72
Sep 257.82
Sep 258.08
Aug 258.1
Aug 258.08
Aug 257.6
Aug 257.5
Aug 258.51
Jul 259.18
Jul 259.66
Jul 259.55
Jul 259.79
Jun 259.23
Jun 258.6
Jun 258.65
Jun 258.89
May 258.92
May 258.9
May 259.18
May 258.95
May 2510.42
Apr 2510.27
Apr 259.97
Apr 259.44
Apr 259.29
Mar 2510.21
Mar 2510.28
Mar 2510.23
Mar 2510.47
Feb 2511.17
Feb 2511.01
Feb 2511.54
Feb 2511.91
Jan 2511.96
Jan 2511.7
Jan 2511.31
Jan 2510.76
Jan 2511.34
Dec 2411.4
Dec 2411.55
Dec 2412.48
Dec 2412.49
Nov 2412.37
Nov 2412.65
Nov 2412.4
Nov 2412.28
Nov 249.54
Oct 249.45
Oct 249.89
Price to Book
1.21.41.61.8med 1.44Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IBCP Price to Book by year
PeriodPrice to Book
Sep 261.45
Sep 261.46
Aug 261.44
Aug 261.45
Aug 261.49
Aug 261.48
Jul 261.54
Jul 261.52
Jul 261.47
Jul 261.45
Jul 261.45
Jun 261.46
Jun 261.38
Jun 261.43
Jun 261.39
May 261.38
May 261.37
May 261.32
May 261.39
May 261.38
Apr 261.37
Apr 261.43
Apr 261.42
Apr 261.38
Mar 261.33
Mar 261.31
Mar 261.37
Mar 261.4
Feb 261.47
Feb 261.56
Feb 261.55
Feb 261.54
Jan 261.48
Jan 261.46
Jan 261.43
Jan 261.39
Jan 261.36
Dec 251.4
Dec 251.44
Dec 251.47
Dec 251.41
Nov 251.38
Nov 251.33
Nov 251.31
Nov 251.29
Oct 251.34
Oct 251.43
Oct 251.38
Oct 251.34
Oct 251.37
Sep 251.39
Sep 251.39
Sep 251.4
Sep 251.45
Aug 251.45
Aug 251.45
Aug 251.36
Aug 251.35
Aug 251.35
Jul 251.45
Jul 251.53
Jul 251.51
Jul 251.55
Jun 251.46
Jun 251.36
Jun 251.37
Jun 251.41
May 251.41
May 251.41
May 251.45
May 251.42
May 251.45
Apr 251.43
Apr 251.38
Apr 251.31
Apr 251.29
Mar 251.42
Mar 251.43
Mar 251.42
Mar 251.45
Feb 251.57
Feb 251.55
Feb 251.62
Feb 251.67
Jan 251.68
Jan 251.64
Jan 251.59
Jan 251.51
Jan 251.59
Dec 241.6
Dec 241.62
Dec 241.75
Dec 241.76
Nov 241.74
Nov 241.78
Nov 241.74
Nov 241.73
Nov 241.6
Oct 241.58
Oct 241.66
Independent Bank Corporation
IBCP
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News: IBCP

This is Why Independent Bank (IBCP) is a Great Dividend Stock

zacks.com · 4 Sep 2026

This is Why Independent Bank (IBCP) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Independent Bank (IBCP) Could Be a Great Choice

zacks.com · 19 Aug 2026

Independent Bank (IBCP) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

Are You Looking for a High-Growth Dividend Stock?

zacks.com · 3 Aug 2026

Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank (IBCP) have what it takes?

All You Need to Know About Independent Bank (IBCP) Rating Upgrade to Buy

zacks.com · 27 Jul 2026

All You Need to Know About Independent Bank (IBCP) Rating Upgrade to Buy

Independent Bank (IBCP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Independent Bank Corporation (IBCP) Q2 2026 Earnings Call Transcript

seekingalpha.com · 23 Jul 2026

Independent Bank Corporation (IBCP) Q2 2026 Earnings Call Transcript

Independent Bank Corporation (IBCP) Q2 2026 Earnings Call Transcript

Independent Bank Q2 Earnings Call Highlights

marketbeat.com · 23 Jul 2026

Independent Bank Q2 Earnings Call Highlights

Independent Bank NASDAQ: IBCP reported higher second-quarter 2026 earnings as net interest income rose, loan growth accelerated and the company continued to build capital while preparing to integrate its recently completed acquisition of HCB Financial Corp.

Independent Bank (IBCP) Reports Q2 Earnings: What Key Metrics Have to Say

zacks.com · 23 Jul 2026

Independent Bank (IBCP) Reports Q2 Earnings: What Key Metrics Have to Say

The headline numbers for Independent Bank (IBCP) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Independent Bank (IBCP) Surpasses Q2 Earnings and Revenue Estimates

zacks.com · 23 Jul 2026

Independent Bank (IBCP) Surpasses Q2 Earnings and Revenue Estimates

Independent Bank (IBCP) came out with quarterly earnings of $0.9 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.81 per share a year ago.

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Disclaimer: The historical data presented on this platform is provided by Financial Modeling Prep. Stock Picker is a platform for informational purposes only and does not provide financial advice. Users are encouraged to conduct their own research and consult with a qualified financial advisor before making investment decisions.